Mason Enterprises' net marketing contribution of $50 million is derived from sales of $200 million. If its

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Mason Enterprises' net marketing contribution of $50 million is derived from sales of $200 million. If its marketing and sales expenses amount to $20 million, what is its percentage of gross profit margin?
• 40%
• 35%
• 20%
• 25%
• 30%
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Fundamentals of Corporate Finance

ISBN: 978-0133400694

1st canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi

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